Fund Finance - Private Equity

Job Description

Opportunity to join a leading Private Equity business as they grow and launch new funds for clients. The role is part of a team supporting the firms' Private Wealth strategies, with a key focus on their Credit asset class, whilst also gaining exposure to their Direct PE & Infrastructure offerings.

Key Responsibilities

• Provide financial and operational support for the set-up of new structures or funds including working with the structuring team, internal counsel & external advisors
• Review and approve capital events such as calls, distributions and equalisations, as required.
• Support the Investor Relations team.
• Provide transaction support for acquisitions and creation of new entities to ensure transaction closings are achieved as planned.
• Attend the relevant investment team meetings to understand the current deal pipeline, future transactions, new funds and anticipating and coordinating any operational requirements.
• Attend the relevant month-end or quarter-end valuation meetings to understand the valuation methodologies of the Private Wealth products.
• Partner with the team to provide financial and operational support to ensure that business objectives are met.
• Build, develop and maintain good working relationships between the teams and its internal/external clients and suppliers.
• Fund accounting review for the Private Wealth products, ensuring that financial deliverables are of high quality and financial statements are accurate and complete.
• Review and approval of management/performance fees, as required.
• Review and approval of the funds' reporting and any regulatory reporting that may be required.
• Oversight of third-party fund administration providers, transfer agency, and other service providers
• Assist with external audits for Private Wealth products, which will include liaising with the funds' external auditors and ensuring that audit queries are addressed and completed in line with deadlines.
• Ensure applicable control and risk frameworks and policies are adhered to and that existing procedures are refined to reduce operational risk.
• Assist with any fund launches, sales, and extensions where necessary, related to the Private Wealth products.

Knowledge & Experience Required

• Chartered Accountant - ACA/ACCA + Post Qualified Experience up to 3 years
• Experience working directly within Fund Finance / Fund Accounting - gained via Audit / Third-Party Administration or GP Fund
• Broad knowledge of Private Equity, Private Credit and/or Multi-Strategies
• Exposure to either Open, or Closed Ended fund structures (SICAV beneficial but not essential)
• Experience in designing, monitoring and understanding the internal controls frameworks in place at each stage of a fund/product life cycle.
• The ability to lay out processes, controls and procedures in simple, clear formats including data flows, controls matrices, etc.
• Experience in process change and improvement projects.
• Strong communication skills, both written and verbal and the ability to develop meaningful partnerships with both internal and external teams.
• Professional scepticism: an ability to ensure that things are not taken at face value and always asking 'does this make sense?'
• Problem solver: an ability to, and an interest in searching for solutions to problems and establishing the root causes of any issues that arise.